The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Intel

Optionality

locked/constrained — turnaround leaves little free cash; the US golden-share warrant ties any dilution/sale to keeping >=51% of the foundry, fencing strategic options

high confidence · as of 2026-07-26 · about Intel

Sourced figures 2


the working

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Intel.